Searched for
FAME SUBSIDY CASE
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...- Smaller EV players nearly wiped out as FAME-II crackdown triggers sales collapseElectric two-wheeler makers penalised for FAME-II subsidy violations have experienced a significant sales decline, with smaller players str...
- Delhi HC gives nod to SFIO to continue probe against Hero Electric VehiclesThe Delhi High Court permitted the SFIO to investigate Hero Electric Vehicles for alleged misappropriation of FAME II subsidies after settl...
- Delhi HC asks SFIO not to take coercive action against Hero Electric Vehicles for nowThe Delhi High Court instructed the SFIO to postpone its investigation into Hero Electric Vehicles regarding alleged misappropriation of FA...
- Three EV makers raided for Rs 297 cr subsidy 'fraud'The SFIO has searched Hero Electric, Benling India, and Okinawa Autotech for allegedly availing ₹297 crore in subsidies under the FAME II s...
- Support to three EV 2-wheeler makers may be restoredThe government after an initial probe into violation of vehicle localisation norms mandated under the Faster Adoption & Manufacturing of El...
- FAME Subsidy Case: Hero Electric moves HC seeking reliefThe move comes in the backdrop of the Centre considering measures to recover money from three companies who allegedly availed sops wrongful...
- Probe underway against government officials in FAME subsidy misappropriation caseUnder the FAME scheme, companies were to make electric vehicles (EVs) in India and get subsidised by the centre. But multiple players ended...
- Hero Electric faces rating cut on loan defaults"The rating action reflects a delay in servicing of debt obligations due to poor liquidity," Crisil said in its note. There has been a shar...
- ETtech Explainer: Why is government’s FAME-II scheme for EV companies likely to be scrapped?Violation of local-sourcing norms by EV makers to avail subsidies under the FAME-II scheme is is one of the key reasons for the government’...
- FAME-II sops of two EV makers on hold; government seeks localisation proof“After examination of reports in respect of two OEMs, the models of these two OEMs have been suspended from the FAME (Faster Adoption and M...
- Exclusive: Three-wheeler EV companies seek 50% hike in FAME-II subsidySeveral industry bodies have made representations to the Ministry of Heavy Industries (MHI) on this demand, said a senior government offici...
- EV companies meet officials to explain FAME-II mispricing allegationsGovt may pull the plug on EV subsidy scheme even as industry seeks an extension.
- India may pull plug on FAME II after next fiscalThe likely shift comes as the ministry of heavy industries, which administers FAME, has launched an investigation into the alleged misappro...
- Four EV companies under lens for subsidy misuseOla, Ather, TVS Motor and Vida are under the scanner for allegedly mispricing their electric two-wheelers to make them eligible for subsidy...
- Govt schemes needed till penetration of electric vehicles crosses particular threshold, says Girish Wagh"The government has done a terrific job to promote, or more than promote I would say, ignite electric vehicle or zero emission vehicle dema...
- More EV makers lose subsidy as Centre's probe deepensThe subsidies are part of the ₹10,000-crore programme called FAME 2 ( Faster Adoption and Manufacturing of Electric vehicles in India schem...
- Over 3,000 more e-buses to ply on Indian roads in 2 yrs under FAME-II scheme: Heavy Industries MinisterIn 2019, the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) scheme for promotion of electri...
- EV firms availing FAME subsidies to face tighter scrutinyEV makers now must produce a certificate from a chartered accountant empanelled with the Comptroller and Auditor General, verifying the ext...
- Government tightens scrutiny on FAME scheme to prevent leakage of EV subsidiesEV makers now must produce a certificate from a chartered accountant empanelled with the Comptroller and Auditor General, verifying the ext...
Load More
